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I G Petrochemicals Share Price Target 2024, 2025, 2026 to 2039 With Charts

I G Petrochemicals Limited

Company LogoSymbol: IGPL
Price: ₹523.45
Exchange: NSE
Basic Materials -> Chemicals
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I G Petrochemicals Brief Company Overview

Company Overview: I.G. Petrochemicals Limited

I.G. Petrochemicals Limited is a Mumbai-based manufacturer and supplier of organic chemicals. Incorporated in 1988, the company has a strong presence in both domestic and international markets.

Their diverse product range includes:

  • Phthalic Anhydride: For plasticizers, resins, and pigments
  • Maleic Anhydride: For spandex, resins, and detergents
  • Benzoic Acid: For perfumes, dyes, and preservatives
  • Advanced Plasticizers: For incense sticks, perfumes, and packaging

With a proven track record in the industry, I.G. Petrochemicals is committed to delivering high-quality products and services to its customers worldwide.


I G Petrochemicals Financial Performance

MetricValueDescription
Market Capital1,814.27 CroreMarket valuation of I G Petrochemicals's shares.
Revenue (TTM)2,159.48 CroreTotal revenue generated by I G Petrochemicals over the past twelve months.
Net Income (TTM)+38.89 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin7.78%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin1.8%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+5.4%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-1.71%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
29.49Company's total debt divided by total shareholder equity.
Total Debt367.7 CroreSum of I G Petrochemicals's current & long-term financial obligations.
Total Cash272.19 CroreTotal amount of liquid funds available to I G Petrochemicals.
Beta1.04Beta is greater than 1 indicating that the I G Petrochemicals's price is more volatile than the market.

Is I G Petrochemicals A Good Buy For Long Term?

IG Petrochemicals, a small-cap stock with a market capitalization of ₹1,655.83 crore, presents a mixed picture for long-term investors. While its 3-year and 5-year returns are positive (27% and 28.96% respectively), the recent performance shows a decline (-13.26% in the last 3 months). A low profit margin of 1.8% coupled with significant debt (₹367.7 crore) against a cash balance of ₹272.19 crore raises concerns. Although its YTD return is positive (14.71%), a more thorough fundamental analysis is needed before considering it a long-term buy. It's currently rated as an average buy, pending further investigation.

To predict the I G Petrochemicals's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

I G Petrochemicals Share Price Target For 2024

I G Petrochemicals Targets For 2024 Chart

The line chart displays the monthly closing prices of I G Petrochemicals with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for I G Petrochemicals shares in 2024, see the table below.

I G Petrochemicals Share Price Target Table For 2024

I G Petrochemicals's LevelsValueReason/Importance
2024 Target 3539.10 (+2.98%)Technical Indicator: MA250
2024 Target 2532.73 (+1.77%)Custom Fibonacci Extension Lvl 64.9%
2024 Target 1526.82 (+0.64%)Custom Fibonacci Extension Lvl 23.6%
Current Price523.45I G Petrochemicals's 1 share price as of Thu 21 Nov 2024
Stop Loss 1522.41 (-0.2%)Price Action: Chart
Stop Loss 2516.17 (-1.4%)Fibonacci Retracement Extended 28.2%
Stop Loss 3508.39 (-2.88%)Fibonacci Retracement Extended 82.6%

Summary: I G Petrochemicals Share Price Prediction For 2024

In summary, I G Petrochemicals has surged by ₹55.05, achieving a notable +11.75% increase from 1st January 2024 to 21 Nov 2024. Our analysis of I G Petrochemicals for 2024 predicts an additional rise of 0.64% to 2.98% by the end of 2024 with three potential targets T1: 526.82, T2: 532.73, T3: 539.10. Stop Loss at SL1: 522.41, SL2: 516.17, SL3: 508.39.

I G Petrochemicals has a 52-week high of ₹727.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹402.50, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for I G Petrochemicals.

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I G Petrochemicals Share Price Target For 2025

I G Petrochemicals Targets For 2025 Chart

The line chart displays the monthly closing prices of I G Petrochemicals with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for I G Petrochemicals shares in 2025, see the table below.

I G Petrochemicals Share Price Target Table For 2025

I G Petrochemicals's LevelsValueReason/Importance
2025 Target 3726.05 (+38.7%)Price Action: Chart
2025 Target 2712.51 (+36.11%)Price Action: Chart
2025 Target 1705.46 (+34.77%)Custom Fibonacci Extension Lvl 64.9%
Current Price523.45I G Petrochemicals's 1 share price as of Thu 21 Nov 2024
Stop Loss 1479.25 (-8.45%)Price Action: Sep 2023 Low
Stop Loss 2470.30 (-10.16%)Price Action: Jun 2018 Low
Stop Loss 3459.20 (-12.28%)Price Action: Nov 2020 High

Summary: I G Petrochemicals Share Price Prediction For 2025

In summary, I G Petrochemicals has surged by ₹55.05, achieving a notable +11.75% increase from 1st January 2024 to 21 Nov 2024. Our analysis of I G Petrochemicals for 2025 predicts an additional rise of 34.77% to 38.7% by the end of 2025 with three potential targets T1: 705.46, T2: 712.51, T3: 726.05. Stop Loss at SL1: 479.25, SL2: 470.30, SL3: 459.20.

I G Petrochemicals has a All-Time high of ₹1018.59, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹402.50, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for I G Petrochemicals, we have created a specific page for that check here: I G Petrochemicals Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

I G Petrochemicals Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

I G Petrochemicals Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of I G Petrochemicals share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.37% over the next 15 years.

For complete year by year I G Petrochemicals long term share price target from 2024, 2025 to 2039 check the below table.

I G Petrochemicals Share Price Target Table From 2024, 2025, 2026 to 2039

YearI G Petrochemicals TargetYoY Change %
2024₹523.45[Current Price]
2024₹639.4522.16%
2025₹762.1219.18%
2026₹1,003.431.65%
2027₹1,296.0929.17%
2028₹1,344.213.71%
2029₹1,433.956.67%
2030₹1,520.566.03%
2031₹1,836.1920.75%
2032₹2,218.6720.83%
2033₹2,181.81-1.67%
2034₹2,228.442.13%
2035₹2,278.982.26%
2036₹2,668.9917.11%
2037₹3,141.2717.69%
2038₹3,019.41-3.88%
2039₹2,886.18-4.42%

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I G Petrochemicals Past Performance

IGPL main
I G Petrochemicals has been listed on NSE for more than 31 years.
  • In 1993, I G Petrochemicals opening price was ₹11
  • As of Thu 21 Nov 2024 the price stands at ₹523.45.
  • This represents a Compound Annual Growth Rate (CAGR) of 12.83%.
  • In 31 years, an investment of 10,000 would have become ₹4.75 Lakh.

As we wrap up, we hope you like our study on I G Petrochemicals share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into I G Petrochemicals Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter